CA relief grant $5000

Forum|Forum|4 years ago
March 17, 2022
1 reply
11 views

Hi everyone and I really appreciate it.

CA relief grant as we know is not taxable for California and clients received 1099-G which goes to schedule C as income so my question is for CA 540 adjustment. Am I right if enter it on line 8Z column B with a explanation? Or it can be adjusted automatically by ProSeries?

Hope someone can help me.

ProSeries Professional

This topic has been closed for replies.

Best answer by Just-Lisa-Now-

Yes, CA has a special line for it, the program will not do this for you automatically. In the list of Forms in the CA program, look for Other Income, it goes in the subtractions column.

Just-Lisa-Now-

Answer

Intuit Community Champion

Yes, CA has a special line for it, the program will not do this for you automatically. In the list of Forms in the CA program, look for Other Income, it goes in the subtractions column.

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

M

MarinaEA

Level 5

Lisa, do you know how to properly adjust for the S Corp on 100S?

I found an article explaining how to adjust it in Proconnect, but for in Proseries.

https://proconnect.intuit.com/community/state-taxes/help/how-to-enter-california-ppp-eidl-relief-grants-in-proconnect/00/190982

Just-Lisa-Now-

Intuit Community Champion

This is for PPP and EIDL in ProSeries, might get you to the right spot? I dont regularly prepare SCorp returns, so I dont know my way around the 1120S module very well, sorry.

https://proconnect.intuit.com/community/business-income-taxes/help/how-to-enter-forgiven-ppp-loans-in-proseries/00/119460

♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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